Question

what are all the measures taken in the trade war by China and the US and why?

Answer 1

Mr Trump's tariff strategy is aimed at enticing consumers to buy American goods by increasing the cost of imported goods. So far, the US has imposed tariffs on Chinese goods over $360bn (£ 296bn), and China has retaliated over $110bn of US products with tariffs. Last year, Washington introduced three rounds of tariffs, and September's fourth. The new round targeted Chinese imports with a 15 percent levy, ranging from beef to musical instruments. Beijing has hit back on US exports with tariffs ranging from 5% to 25%.

The Chinese economy is transformed from high-growth emphasis to high-quality production. China has enough micro-policy resources to sustain a positive economic growth momentum. The nation has already strengthened the business environment for US firms and has stepped up its efforts to provide better protection for intellectual property, which has helped settle the trade dispute

With new tariffs and hikes in existing duties, both sides have threatened to take further action in the coming months. The US plans to increase the current 25% tariff on certain Chinese products to 30% Washington then plans on December 15 to deliver a wave of new Chinese goods tariffs, ranging from footwear to telephones. Trump escalates trade war with fresh tariff hikes US delays some tariffs on Chinese imports If this happens, tariffs will actually apply to all Chinese goods imported into the US. China is also planning to hit an additional 3,000 American tariff items by the end of the year.